How much is enough? A look at determining your retirement target.
The popular media is chock-full of suggestions on an appropriate sum to fund your life in retirement, and most financial analysts have their own set of guidelines on how much you need to accumulate before you can pull the plug. So all you need to do is pick one of these and your all set, right? Well, if you’ve given it serious thought, then you know it’s not that simple. Forbes contributor Michael F. Kay puts a punctuation point on the difficulties most people face in planning this big step in an article posted on www.forbes.com, and it’s worth your time to check it out here…